, Singapore
574 views

Hypermarket chain Giant to shut down Vivo City outlet in early 2019

The move will follow the closure of Giant’s Junction 10 and Jalan Tenteram outlets this year.

Dairy Farm’s hypermarket chain Giant will cease the operations of its VivoCity outlet by Q1 2019 due to lease expiry, parent firm Dairy Farm told Singapore Business Review. The move will follow the closure of Giant’s Junction 10 and Jalan Tenteram outlets.

“We regularly review our portfolio of stores as part of business rationalisation process,” Dairy Farm noted.

According to the firm, the rest of the Giant stores are undergoing review due to factors like lease renewals and store performance. Dairy Farm assured that all team members from the Junction 10 and Jalan Tenteram stores were reassigned to other stores.

With this, they explained that employees from the ViVoCity store will likewise be re-deployed to other stores across Giant, Cold Storage, Guardian, and 7-Eleven outlets.

“Giant remains an important business format and we will continue to explore opportunities to expand its portfolio,” they noted.
 

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.


The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.


So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.